0141 674 1833

Walter Street, Glasgow, G31 3PS

1 bedroom Flat in Glasgow

Sold
Offers Over £60,000
Current Yield 6 %
Potential Yield 10.3 %
Property Reference: 182616026
  • Flat
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 42 m2

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Tenant Currently Situated
  • Three-Piece Bathroom
  • Amenity Dense Location
  • Desirable Rental Location
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

A 1 bedroom flat located in the amenity rich area of Dennistoun with a long term tenant that is hoping to remain in the property.

This home is neutrally decorated throughout and features gas-fired central heating, a three-piece bathroom, a lounge and kitchen.

Investment Details

The property currently produces an annual gross income of £4,200 which could be increased by the new owner to a market rate of £7,200 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested in viewing the Home Report, please call us.

Tenant Situation

The current tenant has lived in the property for a couple years and has consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Location

The property is located in Dennistoun which is found just outside Glasgow City Centre. Not only does this mean travel into the centre will be quick and easy, which is desirable for young professionals, but it is also surrounded by hundreds of valuable amenities - most of which are in walking distance!

These include bars & restaurants, cafes, convenience stores, supermarkets, leisure facilities, Primary & Secondary Schools, the Duke Street train station and Alexandra Park - literally anything a tenant will need, they will be able to find it here.

Lounge

Thanks to the large front windows, an abundance of daylight fills the lounge making it a fantastic living area. It has carpeted flooring and is in good condition.

Kitchen

The property has a kitchen in perfectly rentable condition and is an appropriate size for a single occupant.

Bathroom

A three-piece bathroom is found that consists of a wash basin, W.C. and bathtub with overhead shower attachment.

Bedroom

The bedroom boasts carpeted flooring and enough space to fit a king size bed and storage cabinets.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Helpful Information

Property Reference: 182616026

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: 350
  • Potential Rent pcm: 600
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 2 years+
  • Tenants means of funding: Employment
Property Reference: 182616026
Property Reference: 182616026

Property Location

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Request DetailsWalter Street, Glasgow, G31 3PS

Offers Over £60,000

Make an offer
Walter Street, Glasgow, G31 3PS

Listing Price

Offers Over £60,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.